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Archive for the 'Life Insurance Settlement' Category

New York License Fee Reduction for Providers

Friday, April 30th, 2010

This is positive news…
Bowing to pressure from the life settlement industry, the New York State Insurance Department has cut the licensing fee it will charge providers from $20,000 to $10,000.
Settlement industry representatives had objected to the $20,000 fee, which was proposed by Insurance Department Superintendent James Wrynn in a draft of emergency regulations to put [...]

LISA 15th Annual Fall Conference concludes

Friday, November 13th, 2009

The 15th Annual Fall Conference concludes in the wake of major federal interest in the secondary market. Recently, LISA has played an active role in several major federal congressional hearings and ongoing inquiries into the role of securitization of life settlements. As the U.S. economy is revived, the association sees the market playing a larger [...]

LISA Conference should still have good turnout

Tuesday, April 28th, 2009

The 2009 Spring Conference presents an aggressive 3-day agenda for sophisticated financial professionals.
What you can look forward to: an estimated 500 attendees, expert-driven analysis, industry research and collaborative forums for dialogue and presentation. Your personal business interests are our high priority.
More info:
15th Annual Life Settlement Conference

Will STOLI effect Life Settlement Marketing?

Tuesday, March 17th, 2009

LifeSettlementPro.com will try to get notes or obtain the conference call, so we can provide an overview here. Keep checking back.
In a recent interview with Best Wire, Maynard Cooper attorney Andrew Kitchen said STOLI litigation will increase as insurers audit their books to weed out alleged STOLI policies. Kitchen went on to tell Best Wire [...]

Investment in Life Insurance Policies

Thursday, January 15th, 2009

Found this information on the 10-Q provided by MaxLife Fund Corporation. However, it gives a nice outline for life settlement investors or those looking to invest in life settlements.
Investment in life insurance policies are recorded in accordance the Financial Accounting Standards Board Staff Position No. FTB 85-4-1 Accounting for Life Settlement Contracts by Third-Party Investors [...]